Solvency Reviews

Solvency Reviews

As a director, you’re always thinking about safeguarding your business from risk. Dains understands this, and is committed to helping you in this quest.

To do this, we can carry out Viability Reports and Solvency Reviews for directors/shareholders or financiers who have concerns about the viability of a company.

Dains does this by reviewing the books and records of that company and speaking with the directors and shareholders. We then present our findings in the form of a written report or verbal presentation.

Our Insolvency Practitioners have realistic views on the values of assets if the company were to cease to trade and are aware of the legal obligations which will need to be complied with and potential offences under The Insolvency Act which may be being committed.

Martin FP Smith and Nicola J Meadows are licensed in the United Kingdom to act as Insolvency Practitioners by the Institute of Chartered Accountants in England and Wales. Furthermore, they are both bound by the Insolvency Code of Ethics when carrying out all professional work relating to an insolvency appointment. When acting as Receivers, Administrative Receivers or Administrators they act as agents only, without personal liability and when acting as Administrators, the affairs, business and property of the company are being managed by them.

Contact Us

Registered office: The registered office is St. Johns Court, Wiltell Road, Lichfield, Staffordshire, WS14 9DS. Dains is a trading name of Dains LLP.

Legal Information

Dains LLP is a limited liability partnership registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland, under reference number C001528129 and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales, number OC331125.